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    Absolute NNN Convenience Store Property
    Updated: Aug 28
    Absolute NNN Convenience Store Property

    1816 S Memorial Drive, New Castle, IN 47362

    Contact for pricing
    2,335 sqft 0.52 AC lot
    2,335‑square‑foot convenience store built in 1999
    New 15‑year absolute NNN lease with 14+ years remaining
    10% rental escalation scheduled for 1/1/36
    Approximately 0.52‑acre parcel with C zoning
    Drive‑by access and visibility on Parkview Dr and S Memorial Dr
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in New Castle, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    NNN Family Dollar Property
    NNN Family Dollar Property

    1900 North Walnut Street, Muncie, IN 47303

    Contact for pricing
    48,304 sqft

    Family Dollar occupies the property under a new five-year lease with extension options.

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    Automotive Building with Double-Net Lease
    Automotive Building with Double-Net Lease

    923 E 38th St, Anderson, IN 46013

    Contact for pricing
    7,000 sqft 1.06 AC lot

    Advance Auto Parts operates from a long-established retail location with continued lease term and extension options.

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    NNN Retail Property
    NNN Retail Property

    2001 S Madison Street, Muncie, IN 47302

    $550,000
    0.68 AC lot

    Maintained retail building with central air, on-site parking, and a recent five-year lease extension.

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    Renovated NNN Industrial Property
    Renovated NNN Industrial Property

    1047 Broadway St, Anderson, IN 46012

    Contact for pricing

    Recently renovated facility with offices, upgraded lighting, and dock and drive-in access.

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    New Castle, IN Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in New Castle, IN on our real estate platform. These investment opportunities span a total of 2,335 square feet of properties for sale.

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    Demographics Overview

    Population 29K
    Population Growth (5Y) -1.9%
    Median Household Income $56,564
    College Educated 20.0%

    Taxes & Financing

    Tax Rate (average for all types) 2.25%
    Property Tax per SF $49.50 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

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